DIW Wants to Combine the Energy Turnaround and Rescue of Banks

A report that the German Institute for Economic Research (DIW Berlin) wants to make funding renewables projects a prerequisite of government support for financial entities.

DIW

I just met you,

and this is crazy...

DIW Wants to Combine the Energy Turnaround and Rescue of Banks « German Energy Blog:

...the availability of private capital is becoming a decisive factor in the successful transformation of the German energy system. According to DWI there have been more and more indications that banks are reluctant to extend credit and are focusing on the potential risks of financing the switch to renewable energy. Hence DWI suggested that the government should call for appropriate involvement of the major banks in financing the transformation of the energy system in return for implicit guarantees for those banks.

Read the full article at the German Energy Blog - the previous post at that blog was indicative of the debate about whether using biomass in energy production should be encouraged (as green), or not (as not green).